Annual Governance Statement

REPORT OF: DIRECTOR OF FINANCE

FOR SUBMISSION TO: AUDIT COMMITTEE

14 SEPTEMBER 2011

Members are asked to approve the report.

Annual Governance Statement (AGS)

1. Scope of Responsibility
The London Borough of Camden is responsible for ensuring that:
 its business is conducted in accordance with the law and proper standards;

 public money is safeguarded and properly accounted for; and

 public money is used economically, efficiently and effectively.

The London Borough of Camden also has a duty under the Local Government Act 1999 to make arrangements to secure continuous improvement in the way in which its functions are exercised, having regard to a combination of economy, efficiency and effectiveness.